IRS Simplifies Option for Claiming Home Office Deduction
The IRS announced on January 15, 2013, a simplified option that many owners of home-based businesses and some home-based workers may use to figure their deductions for the business use of their homes.
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Current restrictions on the home office deduction, such as the requirement that a home office must be used regularly and exclusively for business, and the limit tied to the income derived from the particular business, still apply under the new option.
- E-mail to: Notice.Comments@irscounsel.treas.gov. Include "Rev. Proc. 2013-13" in the subject line.
- Mail to: Internal Revenue Service, CC:PA:LPD:PR (Rev. Proc. 2013-13), Room 5203, P.O. Box 7604, Ben Franklin Station, Washington, DC 20044.
- Hand deliver to: CC:PA:LPD:PR (Rev. Proc. 2013-13), Courier's Desk, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC, between 8 a.m. and 4 p.m., Monday through Friday.
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